RBNZ Gov Orr says NZ dollar appreciation has moderated returns for exporters
Policy announcement earlier:
Remarks at the presser:
- says NZ dollar appreciation has moderated returns for exporters
- fiscal policy remains primary responder to crisis
- yesterday's new outbreak did not materially impact decision today
- RBNZ does not have more information on the cov1COVID-19 outbreak than is publicly known
- health the key downside risk, risks still skewed to the downside
- path the stable inflation, full employment is low rates and low NZ dollar
- want to actively get bond yields lower
Reprinted from Forexlive,the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
If you like, reward to support.
Hot
No comment on record. Start new comment.